Brenntag Acquires Italian Specialty Fuel Distributor Petrolube

2:33 PM MDT | June 14, 2012 | Lindsay Frost

Brenntag says it will acquire Petrolube (Milan), a specialty fuel and oil additives distributor. Petrolube is an exclusive distributor of Infineum's fuel performance additives. Brenntag says Infineum is the market leader for manufacturing specialty fuel and oil additives. Financial terms were not disclosed. “We are delighted with the successful acquisition of Petrolube and the significant contribution it will bring to our existing lubricants and additives business in Italy,” says Karsten Beckmann, COO/ European business at Brenntag. Brenntag made...